$95,000
$100,000
5.0%For more information regarding the value of a property, please contact us for a free consultation.
1134 COTTON ST Reading, PA 19602
3 Beds
1 Bath
1,188 SqFt
Key Details
Sold Price $95,000
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,188 sqft
Price per Sqft $79
Subdivision Mount Penn Heights
MLS Listing ID PABK2031472
Sold Date 07/31/23
Style Straight Thru
Bedrooms 3
Full Baths 1
HOA Y/N N
Abv Grd Liv Area 1,188
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $1,180
Tax Year 2023
Lot Size 1,306 Sqft
Acres 0.03
Lot Dimensions 0.00 x 0.00
Property Description
Welcome to this incredible investment opportunity! This tenant-occupied property offers a delightful 3-bedroom, 1-bathroom home that is perfect for generating extra income. With its desirable features and a reliable tenant who pays $850 per month, this property is an attractive option for investors looking to expand their portfolio.
As you step inside, you'll immediately appreciate the hardwood floors that grace the first floor, adding a touch of elegance and charm. The spacious living area flows seamlessly into a game room, complete with a pool table and a well-equipped bar. This entertainment space is sure to impress both tenants and guests, creating a fun and lively atmosphere.
The cozy yet functional kitchen offers outside access to the two-tiered backyard, which can only be described as a backyard retreat. Picture yourself relaxing in the sauna or taking a refreshing swim in the inviting pool, providing a haven of relaxation and enjoyment. This outdoor oasis offers the perfect setting for tenants to unwind and create lasting memories. (Tenants Belongings Excluded )
The property also includes an unfinished basement, ideal for storage or potential future expansion. On the second floor, you'll find three spacious bedrooms and a well-appointed bathroom, ensuring comfortable living arrangements for tenants. Additionally, the floored walk-up attic offers convenient storage space, further enhancing the property's appeal.
One of the standout features of this property is the current tenant, who takes exceptional care of the home. Their dedication to maintaining the property ensures that it is in excellent condition, reducing any potential maintenance concerns for an investor. The tenant has expressed their desire to stay, making this an appealing opportunity for a seamless transition of ownership and continued rental income.
With a reliable tenant in place and a monthly rental income of $850, this property presents a fantastic investment prospect. The combination of hardwood floors, a game room with a pool table and bar, outside access to a two-tiered backyard with a sauna and pool, an unfinished basement, three bedrooms on the second floor, and storage options in the floored walk-up attic make this property a wise choice for investors seeking consistent returns.
Don't miss out on the chance to acquire this exceptional investment property. Take advantage of the established tenant and the potential for additional income. Schedule a showing today and witness the lucrative potential that awaits you. 1 Year Home Warranty Included ! Tenant is currently on month to month lease.
Location
State PA
County Berks
Area Reading City (10201)
Zoning RESIDENTIAL
Rooms
Basement Unfinished
Interior
Interior Features Attic, Carpet, Ceiling Fan(s), Dining Area, Floor Plan - Traditional, Window Treatments
Hot Water Electric
Heating Radiator
Cooling Window Unit(s)
Flooring Hardwood, Vinyl, Carpet
Equipment Oven/Range - Electric
Furnishings No
Fireplace N
Window Features Insulated
Appliance Oven/Range - Electric
Heat Source Oil
Laundry Basement
Exterior
Exterior Feature Patio(s)
Fence Rear, Wood
Pool Above Ground
Utilities Available Cable TV, Phone
Water Access N
View Street
Roof Type Pitched,Shingle
Street Surface Paved
Accessibility None
Porch Patio(s)
Road Frontage City/County
Garage N
Building
Lot Description Rear Yard
Story 3
Foundation Concrete Perimeter, Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Straight Thru
Level or Stories 3
Additional Building Above Grade, Below Grade
Structure Type Dry Wall
New Construction N
Schools
High Schools Reading Senior
School District Reading
Others
Pets Allowed Y
Senior Community No
Tax ID 10-5316-30-17-4705
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA
Horse Property N
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
Special Listing Condition Standard
Pets Allowed No Pet Restrictions
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Bought with Eric Stehle • NextHome Synergy
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